First Advantage (FA) Free Cash Flow (2020 - 2026)
First Advantage's (FA) quarterly Free Cash Flow came in at $36.2 million in Q1 2026, up 95.84% YoY from $18.5 million in Q1 2025, and up 71.13% on a QoQ basis from $21.2 million in Q4 2025.
First Advantage (FA) Free Cash Flow (2020 - 2026) Analysis & Trends
First Advantage (FA) has 7 years of Free Cash Flow data on file, last reported at $36.2 million in Q1 2026.
- Quarterly Free Cash Flow rose 95.84% year-over-year to $36.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $165.2 million (up 1864.52% YoY) and the FY2025 annual result came in at $147.5 million, up 433.34% from the prior year.
- Free Cash Flow rose to $36.2 million in Q1 2026, from $21.2 million in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $69.9 million in Q3 2025 to a low of -$65.8 million in Q4 2024.
- A 5-year average of $33.1 million and a median of $37.7 million in 2024 frame the typical range for Free Cash Flow.
- Annual changes were most pronounced in 2024 — Free Cash Flow plunged 216.59% — and 2025, when it jumped 190.53%.
- Tracing FA's Free Cash Flow over 5 years: stood at $53.6 million in 2022, then increased by 5.32% to $56.5 million in 2023, then sank by 216.59% to -$65.8 million in 2024, then surged by 132.16% to $21.2 million in 2025, then jumped by 71.13% to $36.2 million in 2026.
- The last three Free Cash Flow figures came in at $36.2 million (Q1 2026), $21.2 million (Q4 2025), and $69.9 million (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 81.90 Bn | 81.61 Bn | 1.48 Bn | 613.11 Mn |
| 2 | Relx | 65.84 Bn | 65.67 Bn | - | - |
| 3 | Copart | 31.83 Bn | 28.48 Bn | 732.88 Mn | 503.31 Mn |
| 4 | Global Payments | 25.37 Bn | 19.96 Bn | 2.03 Bn | 426.96 Mn |
| 5 | Rb Global | 16.12 Bn | 15.59 Bn | 935.50 Mn | 63.60 Mn |
| 6 | Aramark | 15.69 Bn | 15.19 Bn | 430.34 Mn | 4.82 Mn |
| 7 | UL Solutions | 15.17 Bn | 14.74 Bn | 417.00 Mn | 91.00 Mn |
| 8 | Rentokil Initial | 11.92 Bn | 9.40 Bn | - | - |
| 9 | Dolby Laboratories | 6.11 Bn | 5.44 Bn | 264.68 Mn | 152.47 Mn |
| 10 | First Advantage | 3.57 Bn | 3.33 Bn | 203.99 Mn | 58.73 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 58.73 Mn |
| Jun 30, 2026 | 58.73 Mn |
| Mar 31, 2026 | 36.23 Mn |
| Mar 31, 2026 | 36.23 Mn |
| Dec 31, 2025 | 21.17 Mn |
| Dec 31, 2025 | 21.17 Mn |
| Sep 30, 2025 | 69.95 Mn |
| Sep 30, 2025 | 69.95 Mn |
| Jun 30, 2025 | 37.89 Mn |
| Jun 30, 2025 | 37.89 Mn |
| Mar 31, 2025 | 18.50 Mn |
| Mar 31, 2025 | 18.50 Mn |
| Dec 31, 2024 | -65.82 Mn |
| Dec 31, 2024 | -65.82 Mn |
| Sep 30, 2024 | 24.08 Mn |
| Sep 30, 2024 | 24.08 Mn |
| Jun 30, 2024 | 31.66 Mn |
| Jun 30, 2024 | 31.66 Mn |
| Mar 31, 2024 | 37.74 Mn |
| Mar 31, 2024 | 37.74 Mn |